Soaring energy costs and fractured supply chains are set to tip Britain to the edge of a technical recession by the summer, with smaller businesses bearing the brunt of the squeeze, according to the Item Club’s latest forecast. Read more: Britain to ‘flirt’ with recession as Iran oil shock rattles SMEs
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Sarah Willingham-backed Craft Gin Club warns of administration unless lenders approve a CVA wiping £4.2m of debt and ending free gin deliveries to bondholders. Read more: Craft Gin Club teeters on brink as Dragons’ Den darling pleads with bondholders
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Meta is preparing to cut roughly 10% of its global workforce from May, with further redundancies later in 2026, as Mark Zuckerberg pours hundreds of billions into artificial intelligence. Read more: Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI
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Meta is preparing to cut roughly 10% of its global workforce from May, with further redundancies later in 2026, as Mark Zuckerberg pours hundreds of billions into artificial intelligence. Read more: Meta to axe 8,000 jobs in May as Zuckerberg bets the house on AI
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There is a stage in entrepreneurship that many founders and senior leaders struggle to make sense of. Read more: Why ADHD and entrepreneurship can drive success and create challenges in equal measure
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Iran has reopened the Strait of Hormuz to commercial shipping, sending crude below $92 and driving UK 10-year gilt yields to a week’s low. Here’s what it means for British SMEs. Read more: Hormuz reopens: what Iran’s climbdown means for British SMEs
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Finance ministers, central bankers and Barclays’ chief executive warn that Anthropic’s new Mythos AI model could expose critical vulnerabilities in the world’s financial systems. Read more: Finance chiefs sound alarm over Anthropic’s ‘mythos’ AI model amid cyber-security fears
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Chongqing-based EV manufacturer Seres has patented a voice-controlled in-vehicle toilet, as Chinese carmakers pile on novel features to survive a brutal price war. Read more: Seres files patent for voice-activated in-car toilet as china’s EV makers battle for attention
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Tesco chief Ken Murphy urges ministers to ease tax and energy costs as the grocer posts an 8.5% profit rise and widens guidance amid the Iran conflict. Read more: Tesco urges ministers to ease cost burden as Iran conflict clouds outlook
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Richard Desmond’s £1.3bn damages claim against the Gambling Commission over the fourth National Lottery licence awarded to Allwyn has been dismissed by the High Court. Read more: Desmond’s £1.3bn National Lottery battle collapses as High Court sides with Gambling Commission
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